# 🧱 Momentum: $1B Volume, $10M Raised, and the Most Slept-On Airdrop in DeFi

By [Saint Lee](https://paragraph.com/@saintlee) · 2025-04-30

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In an industry flooded with copy-paste AMMs and inflated stats, **Momentum** has emerged as a **purpose-built DeFi primitive** on Sui—delivering real traction, real liquidity, and a shot at **a meaningful airdrop** for early users.

This piece breaks down:

*   What Momentum is
    
*   Why it’s growing so fast
    
*   How it stacks up against competitors
    
*   And how you can position for rewards
    

Let’s dive in 🧵

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![ Momentum – The Most Slept-On Airdrop Opportunity in DeFi Right Now](https://storage.googleapis.com/papyrus_images/70ea590f4c9732d91c2dda6235ade238b7ee34916b58b9b31a1671860486edc1.png)

Momentum – The Most Slept-On Airdrop Opportunity in DeFi Right Now

🧠 What is Momentum?
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Momentum is a **Sui-native decentralized exchange (DEX)**, built from the ground up using **Move**, the secure and parallelizable smart contract language that powers the Sui blockchain.

Unlike many DEXs that simply fork existing EVM-based codebases, Momentum is:

*   Architected for Sui’s object-oriented design
    
*   Integrated deeply with parallel transaction execution
    
*   Engineered to scale efficiently without sacrificing UX or speed
    

But it’s not just technical elegance that makes Momentum different—it’s **traction**.

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📊 Growth in Numbers
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Momentum launched in late March 2025. Within **30 days**, it has already achieved:

*   🌊 **$1.003B in total swap volume**
    
*   💧 **$38.7M TVL**
    
*   📈 **+112% weekly volume growth** (as of April 30)
    
*   🥉 **Ranked #3 on Sui by 7-day trading volume**
    

This growth isn’t driven by ponzinomics. Momentum’s volume came from **real user flows**, enabled by a fast, efficient engine and reliable liquidity routing.

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💰 Backed by the Best: $10M Raised
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Momentum has raised **$10M in two rounds**, quietly backed by some of the most respected names in DeFi and crypto:

### Pre-Seed (Jan 2023): $5M

*   Led by **Jump Crypto**
    
*   Backers: Coinbase Ventures, Circle, Shima Capital, Spartan Group, Redpoint
    

### Seed (Mar 2025): $5M

*   Led by **Varys Capital**
    
*   Joined again by Jump, Coinbase, Circle, **Amber Group**, **Aptos Labs**
    

This isn’t fast-money VC capital. These are **long-term infrastructure builders** backing a DEX built to last.

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⚙️ What Makes Momentum Stand Out?
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### 🔹 1. Move-Native Architecture

Momentum is not a port. It's **written in Move**, fully aligned with Sui’s performance model, giving it advantages in scalability, composability, and cost-efficiency.

### 🔹 2. Smart Liquidity Routing

Every swap is intelligently routed across liquidity pools for the best execution—no wasted gas, no manual bridging or routing.

### 🔹 3. LP Experience Built Right

*   Clear, real-time APR tracking
    
*   Transparent pool analytics
    
*   No UI clutter or vague “yield farming” hype
    

### 🔹 4. Developer-First Infrastructure

Momentum isn’t just for traders—it’s for builders too.With **live APIs**, **SDKs**, and **dev docs** → [developers.mmt.finance](https://developers.mmt.finance)

### 🔹 5. Tokenomics With Long-Term Alignment

$MMT isn’t live yet—but infrastructure like referral systems, ve(3,3) models, and leaderboard incentives already suggest **a governance-focused future**.

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⚔️ Momentum vs Competitors
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![Momentum vs Competitors](https://storage.googleapis.com/papyrus_images/f03997abee049473944f5eed163a8b0a9de01a588c2f75a694f00533bf52a585.png)

Momentum vs Competitors

Momentum is rapidly **closing the gap** with Bluefin—and while Cetus leads in cumulative stats, it lacks the native agility and community traction Momentum is building.

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🪂 Airdrop Farming Guide (You’re Still Early)
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Momentum is actively tracking user contribution across both on-chain and off-chain systems.

### ✅ 1. On-Chain: Trade & Provide Liquidity

→ [app.mmt.finance/leaderboard?refer=4RIH15](https://app.mmt.finance/leaderboard?refer=4RIH15)

*   Trade frequently
    
*   Add LPs
    
*   Climb the leaderboard
    
*   Use referral links to increase your score
    

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### ✅ 2. Off-Chain: Galxe Campaign

→ [Galxe Quest](https://app.galxe.com/quest/Momentum/GCy6btpWaf?referral_code=GRFr2J6zr2m-WnaqptgO6K0pfr-4xJDi5ipRa-xgZeB7Hfk)

*   Complete quizzes (answers below)
    
*   Do basic social tasks
    
*   Invite users via your link
    

**Quiz Answers**

*   Set 1: `B, C, B, D, A`
    
*   Set 2: `C, C, B, B, A`
    
*   Set 3: `A, B, C, C, B`
    
*   Set 4: `B, B, C, C, C`
    

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### ✅ 3. Community Engagement: Discord XP

→ discord.gg/mmtfinance

Chat to earn XP and unlock roles:

*   🧵 Level 3: Initiate
    
*   💧 Level 9: Momentumling
    
*   ⚔️ Level 27: Knight
    
*   🧠 Level 35: Master
    
*   👑 Level 50: High Council (likely OG role)
    

These roles are often used for OG airdrop allocation in Web3 protocols. Don’t sleep on it.

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🧭 What's Next?
---------------

Momentum’s roadmap includes:

*   Rollout of $MMT token
    
*   Governance incentives
    
*   Pro trading tools
    
*   Cross-chain expansion via intents
    
*   Reward boosts for LPs and early users
    

This isn’t a DEX that wants to be “one of many”—it wants to be **the core layer of liquidity on Sui.**

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🎯 Final Thoughts
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Momentum is building quietly, but growing loudly.

It has:

*   $1B+ in usage
    
*   $10M in funding
    
*   The fastest-growing on-chain metrics on Sui
    
*   And an active airdrop strategy rewarding real contribution
    

**You’re not late. You’re early—if you move.**

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🔗 Trade now → [app.mmt.finance](https://app.mmt.finance)

🧠 Read the docs → [developers.mmt.finance](https://developers.mmt.finance)

📰 Decrypt feature → [Momentum Hits $1B](https://decrypt.co/316892/momentum-dex-achieves-1b-trading-volume-milestone-in-record-time)

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**Saint-style closing note:**_"Momentum isn’t another farm-and-fade.It’s a proof-of-belief protocol—quietly selecting its core contributors right now.If you’re reading this, it still might be you."_ 🧱

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*Originally published on [Saint Lee](https://paragraph.com/@saintlee/momentum-1b-volume-10m-raised-and-the-most-slept-on-airdrop-in-defi)*
